XBA - Employee Health Benefits | Cost Containment | Healthcare Financing | Price Transparency
Management Consulting - Dallas, Texas, United States
XBA - Employee Health Benefits | Cost Containment | Healthcare Financing | Price Transparency Employees
XBA - Employee Health Benefits | Cost Containment | Healthcare Financing | Price Transparency Details
OverviewSeveral organizations are mischarged, overcharged or charged unnecessary fees for several of the services you receive. One such service that epitomizes this assertion is healthcare. Less than 30 years ago, family health coverage cost just $200 per month. Now, the cost to insure the same family is over $1,600-$2,000 per month. Organizations that employ our health benefits cost savings methods and strategies have experienced an average reduction of 12% to 25% in overall healthcare costs while increasing the quality of care all at the same time. Part of our strategy at reducing health benefit costs is to focus on addressing some of the fundamental underlying causes. One of the primary underlying causes that has contributed to the rise of healthcare costs is the lack of transparency in health care pricing and billing. Due to the lack of price transparency in our healthcare system today, it is extremely difficult to understand how much anything costs for health care services provided to us. We have no idea how much the bill is going to be until after services are performed. The patient that comes in right after you could be paying one tenth of what you are paying or ten times what you are paying, depending on their health plan.We improve price transparency and provide discounted options to have your employees' healthcare needs met. More specifically, we drive healthcare ‘consumerism' which offers more cost effective choices. We focus on the four primary cost drivers that make up 90% of the cost of your health plan: - Hospitalization & Surgery - Prescription Drugs - Emergency and Outpatient Services - Physician Services
